US Finance Minister considers that the Ilon Maskwhich announced yesterday the establishment of his own party, should be motivated to devote himself to his business instead of doing politics.

“I believe that the boards of the various businesses would like to return to these businesses, where it is better than any other,” Scott Besed told CNN in response to a question if Musk’s announcement is worried about the Trump government.

“I imagine that the boards were not thanked by this announcement yesterday and that they would encourage him to focus on his business, not his political activities,” he continued, adding that the “authorities” defended by the Mask Committee (government efficiency) were not “Doge”.

Ally and funder of TrumpIlon Mask clashed with him for the “big and beautiful bill”, which, according to the billionaire, would lead the US bankruptcy and threatened to establish a political party if it was voted on.

Yesterday, he made his threat by announcing his establishment America.

“Making even deeper dive into politics (…) Musk does just the opposite of what Tesla’s shareholders/investors want to do at the critical Tesla story,” commented Dan Ives, an analyst of her Wedbush.https: //www.theguardian.com/us-news/2025/jul/06/elon-musk-america-party-cott-Bessento

“Although the core of Musk’s supporters will support him at all costs at every turn, there is a general feeling of exhaustion by Tesla investors associated with the fact that Musk insists on the path of politics,” the analyst says, noting that his initial relief from his departure.

“The situation took a bad turn” with this announcement.

In the New York Stock Exchange’s out -of -the -year session, Tesla’s latest stake fell 0.85%today at noon.